Archive » February 2008 » 04 February 2008 The english news from 04 February 2008
Yahoo! and the future of the Internet
The openness of the Internet is what made Google -- and Yahoo! -- possible. A good idea that users find useful spreads quickly. Businesses can be created around the idea. Users benefit from constant innovation. It's what makes the Internet such an exciting place.…
Romania's gold and foreign currency reserves grow to EUR 27.62bn in January
Romania's gold and foreign currency reserves in January increased by 430 million euros, to 27.62 billion euros, following the hike of the foreign currency reserves, a release by the Central Bank of Romania (BNR) reads.…
Romania's inflation could narrow to 5.4% in December 2008 helped by the leu, BCR says
Annual inflation could lower to 5.4 percent this year meaning the Central Bank of Romania (BCR) would again miss the inflation target, an estimate made by Romania's largest lender by assets Banca Comerciala Romana (BCR), shows.…
Fitch rating - Fitch lowers outlook for four Romanian banks after downgrading credit outlook
Fitch Ratings announced today it changed the outlook for the Long-term Issuer Default ratings of Banca Comerciala Romana, BRD Groupe Societe Generale, Bancpost and UniCredit Tiriac from 'stable' to 'negative,' after lowering the country's credit outlook.…
Cyber-savvy town gets rich on eBay frauds
Hundreds of people in the poor Romanian town of Dragasani have grown rich by conning eBay online auction customers with deals that seem too good to be true - and often are. The scammers have even put the new town hall up for sale on eBay, the mayor admitted last week. "I mean, who would want it?" he asked.…
Alleged former Communist secret police informer wins trial, putting CNSAS under threat, making headlines in Romania
"The Securitate won again" daily Evenimentul Zilei announces; "Securitate officers, sleep tight!" daily Romania Libera concludes; "Securitate is no longer illegal due to Felix" daily Cotidianul says: these are the headlines of the day in Romania. The papers are commenting the news that Conservative leader Dan Voiculescu, pointed at as an informer of former Securitate the communist-era secret police…